Cognizant Technology Solutions Corp Class A (CTSH)

Gross profit margin

		Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020
Gross profit (ttm)	US$ in thousands	2,892,000	2,865,000	2,813,000	2,682,000	2,689,000	2,651,000	2,763,000	2,946,000	2,968,000	3,014,000	2,945,000	2,881,000	2,826,000	2,559,000	2,433,000	2,204,000	2,114,000	2,275,000	2,468,000	2,745,000
Revenue (ttm)	US$ in thousands	19,736,000	19,412,000	19,265,000	19,301,000	19,353,000	19,434,000	19,394,000	19,414,000	19,428,000	19,366,000	19,253,000	18,932,000	18,507,000	17,914,000	17,413,000	16,828,000	16,652,000	16,752,000	16,757,000	16,898,000
Gross profit margin		14.65%	14.76%	14.60%	13.90%	13.89%	13.64%	14.25%	15.17%	15.28%	15.56%	15.30%	15.22%	15.27%	14.28%	13.97%	13.10%	12.70%	13.58%	14.73%	16.24%

December 31, 2024 calculation

Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $2,892,000K ÷ $19,736,000K
= 14.65%

The gross profit margin of Cognizant Technology Solutions Corp Class A has shown fluctuations over the past few years. Starting at 16.24% in March 2020, the margin decreased to 14.73% by June 2020, and further declined to 12.70% by December 2020. Subsequently, there was a gradual increase in the margin, reaching 15.27% by December 2021.

Throughout 2022 and 2023, the gross profit margin remained relatively stable, fluctuating between 14.25% and 15.56%. However, by the end of December 2024, the margin had stabilized around 14.65%. Overall, Cognizant's gross profit margin has experienced variability but has maintained a relatively steady range in recent years, indicating the company's ability to manage its costs effectively and generate profits from its operations.